Carmel Capital Management L.L.C.

Carmel Capital Management L.L.C. is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Carmel, California. On its latest Form ADV, filed February 27, 2026, it reports $392M in regulatory assets under management, 102 individual clients and 6 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.

Key facts from Form ADV

Registration	SEC-registered
Firm CRD number	120675 · SEC file 801-61225
Office	26350 Carmel Rancho Lane Suite 225 Carmel, CA 93923
Phone	(831) 625-1375
Website	www.carmelcapital.com
Regulatory assets under management	$392M
Individual clients	0 non-high-net-worth, 102 high-net-worth
Financial planning clients	1-10
How it charges	Percentage of assets, Other
Services	Financial planning, Portfolio management, Selection of other advisers
Employees	6
Disciplinary disclosures	Yes, see SEC record
Latest Form ADV filing	February 27, 2026

Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.

What this means for you

• It also charges a percentage of assets managed for ongoing investment management.
• Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
• It provides financial planning services, not only portfolio management.
• It reports disciplinary history on Form ADV. Read the disclosure details on its SEC record before you engage it.

Before you hire any adviser

Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.

Other fee-only advisers in Carmel

• Praetorian Guard, a Division of Praetorian Wealth Management,inc $599M
• No-Load Asset Management $67M
• Cypress Path Capital, LLC $82M
• Interlake Capital Management, LLC $95M
• Kilzer Wealth Management $15M
• Synergist Wealth Advisors $37M

See all 11 fee-only advisers in Carmel →

Nearby

• Monterey 7 firms
• Carmel by the Sea 1 firm
• Carmel-By-The-Sea 1 firm
• Pebble Beach 1 firm
• Pacific Grove 1 firm
• Marina 1 firm